Market News and Analysis

Precious metals except for silver moved lower on Friday as upbeat U.S. data released on Thursday raised concerns that the Fed will scale back its easing programme earlier than expected. >>

The pair strengthened significantly over the past week, as the price advanced from the 100-day SMA at 0.9347 to a two-month high at 0.9567. >>

After a breach of a 100 level, the pair gained just above 102, but that was above the daily Bollinger band, thus the pair depreciates today. >>

GBP/USD exhibited strong bearish sentiments last week, as the price decreased from the weekly R1 at 1.5527 to an area just beneath the major support line at 1.5340. >>

Seems that the market recalled European credit problems and investors shifted towards Dollar-based securities. >>

Japanese Topix Index was higher by 1.4% in the second half of Tokyo trading session on Monday. Investors were positive on equity markets, as Group of Seven officially said that they will >>

Japan's key business confidence index dropped for a first time in six months in April, as bad weather conditions weighed on demand for spring clothing, the government said on Friday. >>

British trade deficit narrowed slightly in March, as exports to countries outside the EU rose. >>

The Fed's Chairman Ben Bernanke warned that risks of shadow banking system persists the and are still posing a serious threat to financial stability, and raised concerns that funding markets >>

The pace of hiring in the Canadian economy accelerated in April, albeit slower than expected, signalling the long winter of labour market contraction may be at an end, Statistics Canada >>

Exports from Europe's largest economy increased in March, adding to signs German economy is starting to recover from a contraction at the end of the last year. >>

German equities traded green on Friday, with the benchmark DAX Index extending its record high level after German exports rose in March. German exports surged 0.5% in March compared to >>

U.K equities pared their rally on declining commodity producers, redeeming an increase by BT Group Plc. after the company posted higher than expected earnings results. The FTSE 100 Index soared >>

Hong Kong stock market traded green on Friday, finishing at their highest level in three months and posting the third consecutive weekly gain. The Hang Seng Index closed up 0.5% >>

Wall Street was firmly in red on Thursday as investors sat on the side-lines after the latest winning streaks this week. The Standard & Poor's 500 Index headed lower, closing >>